Change in management at Porsche

Dr. Ing. h.c. F. Porsche AG has announced management changes in the sports car manufacturer's important sales regions and subsidiaries.

Franz Jung (52) will become Chairman of the Executive Board of Porsche China as of June 1, 2015. Jung has been
with Porsche since 2014 as the Vice-President of the Region Overseas and Emerging Markets, providing valuable stimuli within a short period.

Franz Jung's successor as the Vice-President of the Region Overseas and Emerging Markets will be Klaus Zellmer (47). As Chairman of the Executive Board of Porsche Germany since 2010, he has catered for disproportionate growth in a market which is saturated to the greatest possible extent. The continuation of this positive development on the domestic market will be the responsibility of Jens Puttfarcken (49) in the future. At the interface to trade partners worldwide, the current Vice-President of After Sales has ensured the implementation of the high quality claim typical for Porsche with regards to the technical customer service, spare parts, logistics and meeting individual customer requirements in After Sales during the past years.

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